Address
554 Central Avenue, Brooklyn, NY
Price
$ 1,775,000
Property Attributes
  • MLS#503451
  • TypeMulti-Family
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodBushwick
  • Zip11207
  • StyleMulti-Family
  • Price$ 1,775,000
  • Bedrooms9
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage3600
  • Lot Size0.036731 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

An exciting opportunity to own a substantial three family property in one of Bushwick’s most energetic and sought after neighborhoods! 554 Central Avenue offers approximately 3,600 square feet across three full stories in a vibrant and bustling section of Bushwick. Delivered fully vacant, the property gives you complete flexibility from day one. Each residence offers generous proportions, spacious layouts, and high ceilings throughout, creating comfortable interiors with excellent potential for renovation, rental income, or multigenerational living. The building’s impressive scale places it among the larger properties on this stretch of Central Avenue. Live in one residence while renting the others, establish market rents across all three units, or reposition the entire property according to your vision. The combination of full vacancy, three residential units, generous interior space, and R6 zoning makes this an appealing opportunity for investors and owner occupants alike. Located near Bushwick’s restaurants, nightlife, shopping, and neighborhood businesses, with convenient access to the J and L trains, the home offers space, flexibility, and long-term potential in one of Brooklyn’s most energetic neighborhoods. MLS Approve-No Financial provided due to property is vacant. -sds

Price History
8/1/2026 Listed $1,900,000
9/11/2026 7$1,775,000

General Features

Roof Flat
Electric Circuit Breakers,Fuses
Property Type Residential
Block 3403
Lot Number 34
Transaction Type Sale
Financing 1031 Exchange,Assumption,Bank Mortgage,Cash,Lease/Purchase,Owner,None
Building Type Attached
Status Active
Total Rooms 15
Construction Materials Brick,Wood Frame
Cumulative Days on Market 53
MLS Area Bushwick
Sub Type Multi-Family
City Brooklyn
Borough Brooklyn
Residential Features A/C Unit - Window,Refrigerator,Stove,Washer
Number Of Vacant Units 3
DOM 53
Sale Type Arm's Length
# Families 3
Public Remarks An exciting opportunity to own a substantial three family property in one of Bushwick’s most energetic and sought after neighborhoods! 554 Central Avenue offers approximately 3,600 square feet across

Interior Features

Heating Fuel Gas
Flooring Hardwood
Hot Water Other
Full Baths 3
Half Baths 1
Unit Count 3
Building Amenities NONE
Sq Ft Total 3600
Basement Amenities Full,Semi-Finished,Walk-in
Baths Total Level 1 1.00
Baths Total Level 2 1.00
Baths Total Level 3 1.00
Beds Total Level 1 3
Beds Total Level 2 3
Beds Total Level 3 3
Rooms Total Level 1 2
Rooms Total Level 2 2
Rooms Total Level 3 2
Beds Total 9
Total Baths 3.50

Exterior Features

Exterior Brick,Siding
Yard Back,Fenced - Full
Foundation Block
Lot Sq Ft 1600
Building Length 60.00
Building Width 20.00
Lot Size Length 100
Lot Size Width 80
Parking Attrib None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 11207

Price
AVG $1.21M
$1.78M
Visits
AVG 165
27
Data Provided by Inside Real Estate®
Fair Housing Icon NY Fair Housing Notice